Pooled Funds

Our Investment Funds

BCI provides our clients the flexibility and efficiency of selecting the appropriate investment mix through our pooled funds that are diversified by asset class, region, and style. Like a mutual fund, a pooled fund combines our clients’ contributions and is then invested in securities and other assets. This structure provides economics of scale, allowing clients to obtain a more diversified portfolio at a lower cost than investing individually.

BCI holds all assets in trust; clients do not own the individual assets within BCI’s investment portfolios.

Pooled Fund Performance

Performance results for the period ending March 31.

Pooled Fund Structure

Other than private markets, BCI’s pooled portfolios open on a regular basis (daily, weekly, monthly, and/or quarterly). The unit price is determined by dividing the market value of the pooled portfolio by the number of outstanding units. However, we also provide closed end pools for certain illiquid investments for which it is difficult and/or prohibitively expensive to obtain regular market valuations. In the case of closed end pools, participating clients contribute a designated portion of the investment capital and receive an equivalent portion of the return distributions.

Expenses incurred by a pooled portfolio are recovered from clients through a reduction in the market value of the units. This ensures that costs are shared on a pro-rated basis. For example, if a client owns five per cent of a pooled portfolio, they will pay five per cent of the costs and expenses incurred by that portfolio.